Jihua Group is a part of China Dyestuff Industry Association, one of the top 500 of Chinese private enterprises, one of the biggest exporter and manufacturer of H-acid and one of the companies globally recognized for dyestuffs. The purpose of the meeting was to know and discuss the modalities of establishing a manufacturing plant of H-acid, in Punjab, Pakistan.

Chief Executive Officer PBIT gave a brief presentation highlighting the main features of the investment and tax policies of Pakistan as well as mentioned potential projects for investment. In addition to this, CEO also extended full support to the delegation saying that PBIT will provide all sort of assistance i.e. in getting the land, training the workforce according to the requirements, simplifying the procedures etc.

Mr. Haroon Shaukat, Head of Turkey Cell (PBIT) also added that this is the high time for the Chinese companies to enter Pakistan as the Chinese president has also stated that China will be investing 45 billion dollars over the next 7 years. Secondly, because of the Pakistan’s strategic location, trade with the emerging economies like India, China, and Russia is not difficult. Therefore, they can have easy access to other markets as well.